For more than a century, the majority of colleges and universities have not paid most taxes. The Revenue Act of 1909 excused nonprofits operating “exclusively for religious, charitable, or educational ...
The Trump administration has escalated its ongoing battle with Harvard, threatening to block the university from enrolling international students as the president called for withdrawing Harvard’s ...
The NFL had said players’ charities must follow basic nonprofit laws as a 'prerequisite' to being nominated for Walter Payton ...
The White House is moving beyond just cutting off federal funds and grants to Harvard University after it defied President Donald Trump’s demands, with the IRS “making plans to rescind the tax-exempt ...
CAMBRIDGE, MASSACHUSETTS - APRIL 15: Tourists in front of the main gate to Harvard Yard. (Photo by Scott Eisen/Getty Images) President Donald Trump’s multiple threats to revoke the tax-exempt status ...
The IRS is considering whether to rescind Harvard University's tax-exempt status, two sources familiar with the situation said. The request to look into the possibility was made by officials at the ...
Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.
"It's less likely the revocation would be retroactive in a normal case but there's been a lot of upheaval at the IRS right now," said Adam Young, a partner in Fox Rothschild's taxation and wealth ...
President Donald Trump on Friday reiterated his plans to revoke Harvard University’s tax-exempt status, making clear that he intends to use the IRS against his perceived enemies. While there are ...
The Trump administration is moving to revoke Harvard University’s tax-exempt status, a designation that has allowed the Ivy League school, like the vast majority of universities, churches and ...
President Donald Trump said he would be eliminating Harvard University‘s tax-exempt status. The Ivy League institution has come under intense scrutiny from the Trump administration over its handling ...